Hey guys!
BTC dominated the Alts within the last few days ... the market became even more volatile, and we have to see where to go.
Within the last 5 days STR came down from 5000 very fast and crashed its longterm bullish trendline (circle)
But ... we can see downtrend slowing down a bit. We got a big support zone around 4000-4100, and RSI also giving us good signals.
Time for a bullish run!
The next bigger resistance is around 5000, support 4000, giving us good opportunity for a quick trade.
I would set a stop loss around 3960 and target 4950, giving us a chance risk ratio >2.
Happy trading!
**** Notice: That is my personal oppinion, no trading advice. Your money, your trade, your risk and your responsibility!
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